Britain’s lacklustre rate of productivity growth should get a boost from record-high employment levels, finance minister Philip Hammond told parliament.
India needs to create 8.1 mn jobs a year to maintain its employment rate, said a World Bank report.
Germany’s jobless total dropped more than expected in March, adding impetus to a labor market that has already become the linchpin of a consumer-led upswing.
US economy is looking "really good", Donald Trump said, noting that the underlying strength of companies in the world's largest economy has perhaps never been better.
Sales of new US single-family homes unexpectedly fell for a third straight month in February, weighed down by steep declines in the Midwest and West.
The International Labour Organisation (ILO) has projected unemployment in India at 18.6 mn in 2018, higher than 18.3 mn in 2017 in its report, Parliament was informed.
US home sales unexpectedly fell for a second straight month in January, weighed down by a persistent shortage of houses that is pushing up prices.
Foreign investors have pulled out so far this month a staggering USD 1 billion or Rs 6,850 crore from the Indian stock market in the wake of sell-offs globally.
Wall Street’s main indexes rose as investors looked beyond weaker-than-expected U.S. job additions in December and took support from signs of a pick-up in wage growth.
US private employers created 190,000 jobs in November, down sharply from the month before and roughly in line with economists’ expectations.
HDFC BANK Q4 REVIEW
PAT at Rs 4799 Cr vs Rs 3990 Cr, up 20.2%
NII at Rs 10,658 Cr vs Rs 9,055 Cr, up 17.7%
Net Interest Margin at 4.3%
Other Income at Rs 4229 Cr vs Rs 3446 Cr, Up 22.7%
Operating Profit at Rs 8835 Cr vs Rs 7279 Cr, up 21.3%
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